Fannie Mae & Freddie Mac Are Cash Cows For U.S. Taxpayers
Perplexes Anti-Government GOPers Jim Puzzanghera, LA Times Federal officials swooped in to rescue mortgage finance giants Fannie Mae and Freddie Mac in 2008 with the largest of all the financial crisis bailouts — a combined $187.5 billion — because they were considered too big to fail. Now, despite bipartisan support to shut them down, Fannie and Freddie may prove […]